VANCOUVER, November 2, 2015 -
VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") announces that the Board of Directors has formed a special committee of independent directors with a mandate to explore strategic options related to the Company's business and its assets, including, but not limited to, its shareholdings in
North American Nickel Inc. (TSX VENTURE:NAN). This decision has been taken with a view to maximizing shareholder value.
While the Special Committee will review a range of alternatives, there are no assurances that such review will result in any transaction being completed. The Company has imposed no deadline for such review and will continue business as usual while the review is being conducted.
ON BEHALF OF THE BOARD OF DIRECTORS
John Roozendaal, B.Sc., President
VMS Ventures Inc.
Forward Looking Statements: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding future plans and objectives of the Company are forward-looking statements that involve various risks. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Factors that may cause a difference include, but are not limited to, fluctuations in capital markets, changes in the price of mineral commodities and the uncertainty of access to additional capital. VMS Ventures Inc. undertakes no obligation to update or revise such forward-looking statements if circumstances or management's or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact
VMS Ventures Inc.
Evan Sleeman
(604) 986-2020 or Toll Free: 1-866-816-0118
www.vmsventures.com
